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Robert H. Topel conducts research on many areas of economics including labor economics, industrial organization and antitrust, business strategy, health economics, energy economics, national security economics, economic growth, and public policy.
Topel and fellow Chicago Booth faculty member Kevin Murphy won the 2007 Kenneth J. Arrow Award for the best research paper in health economics. The award is given annually by the International Health Economics Association. They were cited for their paper "The Value of Health and Longevity," published in the Journal of Political Economy. In their paper, Murphy and Topel found that cumulative gains in life expectancy after 1900 were worth more than $1.2 million to the average American in 2000, whereas post-1970 gains added about $3.2 trillion per year to national wealth, equal to about half of gross domestic product (GDP). Potential gains from future health improvements are also large, they found. For example, a one percent reduction in cancer mortality would be worth $500 billion.
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AIP Conference Proceedings (2018)
Ufuk Akcigit, Fernando Alvarez, Stephane Bonhomme, George M. Constantinides,Douglas W. Diamond,Eugene F. Fama, David W. Galenson,Michael Greenstone,Lars Peter Hansen,Uhlig Harald,James J. Heckman,Ali Hortacsu,
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semanticscholar(2014)
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Oxford Handbooks Online (2014)
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